*Official* MasterLeong Thread

[MasterLeong]

Hmm realise there is a lot of love for commercial, retail and medical REITs here. Any love for industrial and hospitality REITs?

What you guys think about Fraser log?

I am full bear on sg industrial assets, as u can see for yourself that singapore is moving away from manufacturing
The future of singapore is
Tech
Tourism
Banking
Medical
As such i prefer to invest in retail and commercial assets of top quality only
Top quality as in life span 50-99 years or longer with prime location near mrt or cbd

 

[MasterLeong]

Hmm realise there is a lot of love for commercial, retail and medical REITs here. Any love for industrial and hospitality REITs?

What you guys think about Fraser log?

FLT is kinda like pure aussie play, its very good quality and well managed. 1 times book value can buy

 

[MasterLeong]

I am full bear on sg industrial assets, as u can see for yourself that singapore is moving away from manufacturing
The future of singapore is
Tech
Tourism
Banking
Medical
As such i prefer to invest in retail and commercial assets of top quality only
Top quality as in life span 50-99 years or longer with prime location near mrt or cbd

I also like heathcare assets like plife reit
But i do not wish to pay a premium to nav
I prefer a margin of safety by only paying book value or less

Same as buying 2nd hand hdb, its not wise to buy at market value plus top up cash over valuation
Its wiser to pay market or lower

Cheers

 

[MasterLeong]

who are they?

Trolls that u should add to ignore list too

 

[JuzMobile]

I am full bear on sg industrial assets, as u can see for yourself that singapore is moving away from manufacturing
The future of singapore is
Tech
Tourism
Banking
Medical
As such i prefer to invest in retail and commercial assets of top quality only
Top quality as in life span 50-99 years or longer with prime location near mrt or cbd

Agree, so far i'm holding onto industries like Medical, Banking & Utilities (someone gotta clear the waste daily right).

 

[strangerjun]

I am full bear on sg industrial assets, as u can see for yourself that singapore is moving away from manufacturing
The future of singapore is
Tech
Tourism
Banking
Medical
As such i prefer to invest in retail and commercial assets of top quality only
Top quality as in life span 50-99 years or longer with prime location near mrt or cbd

what is your recommendation for medical? recently, got many medical related counters quite hot!

 

[MasterLeong]

Only Reits Im holding currently are FLT and KDC.

Both are good quality reit
But do note that they are above book value

 

[eveee99]

In before eevee99 is 40 year old Aunty

Haha...after your 20s, age becomes a sensitive issue. Go ask your older female frens

 

[MasterLeong]

what is your recommendation for medical? recently, got many medical related counters quite hot!

None
Its too hot and valuations have been bid up too high
30+ pe for rmg is risky, market can re price it at 20 pe and u lose 1/3 value

 

[MasterLeong]

Haha...after your 20s, age becomes a sensitive issue. Go ask your older female frens

Relax hahaha
We call u eve mei mei lor
In this forum u forever 21

 

[MasterLeong]

Agree, so far i'm holding onto industries like Medical, Banking & Utilities (someone gotta clear the waste daily right).

Utilities? SCI????
If not u becareful of small caps like super 800
Its mostly win big contract from garmen
High capex but solid recurring income for lifespan of the contract

 

[Takodoro]

Your kids how old?
Got buy insurance for all 3 of them ma
In future can pass down your portfolio to them

Don't want reveal kids age...but I think you can CSI my replies in this forum to know.

Insurance is a must....Basically hospital for hospital stay and endowment for education. These are setting me back 1k per month.

My parents didn't leave me with any portfolio, just a healthy body for which I am very grateful to. I paid for my own uni fees. And I only intend to one-up my parent by paying for my child uni fees. I am going to enjoy the fruits of my investment with my wife by travelling around the world when I reach 55+, when they all grown up and start working.

 

[MasterLeong]

Comfort taxi 2.47 liao! Hope Capitaland also move!

CD move liao
Huat ah $$$
TP is $3

 

[eveee99]

maybe eve zeh zeh is millionaire

Learning from you all how to become one ...

 

[MasterLeong]

Learning from you all how to become one ...

We not millionaires wor hehehehehe

 

[Tooi Kono Machi De]

Both are good quality reit
But do note that they are above book value

My average for FLT is like 0.92.. Slightly above IPO price nia.

KDC average is 1.07...shd be ok I think.

Both I also wanna add more but Im looking at some of the reits u recommended like CMT and CCT. Especially interested in CCT. Hope I can get at 1.3-1.4 hehehe. Followed your recommendation to get FCL so Im indirectly vested In FCT as well.

 

[strangerjun]

None
Its too hot and valuations have been bid up too high
30+ pe for rmg is risky, market can re price it at 20 pe and u lose 1/3 value

got many others..

Realize many of the healhcare stocks have high pe. is it because of the nature of industry, undergoing growth or they are simply overvalued?

e.g. rmg, hmi, q&m,Singapore O&G.

 

[Genosis]

Haha...after your 20s, age becomes a sensitive issue. Go ask your older female frens

Your username reminds me of one of the cute Pokémons, Eevee.....

 

[WeirdChemist]

still holding fcl?

 

[dolph001]

wa this thread too fast too furious...